April 5: International Walking Day - Chat-GPT analyzes a stock from the footwear sector.
Crocs $CROX (-2,68%) Inc. is a U.S. company that manufactures and sells shoes, sandals, and accessories. The company was founded in 2002 and is headquartered in Colorado, USA.
- Current share price: $136.19 (as of 04/02/2023).
- Market capitalization: $10.22 billion
- P/E ratio (price-to-earnings ratio): 26,38
- PEG (Price-Earnings-to-Growth ratio): 1.14
- Dividend yield: None
The company has experienced strong growth in recent years, especially since launching new products and expanding its distribution network. In 2021, sales increased by 43% year-on-year, mainly due to strong e-commerce business and high sales in North America and Europe.
The company has a strong position in the comfortable shoes and sandals market and is known for its signature designs. It also has a strong online presence and a growing presence in retail stores around the world.
The stock has seen strong growth in recent years and is currently valued at a P/E ratio of 26.38, indicating that the market has high expectations for the company's future growth. However, the PEG ratio of 1.14 suggests that the stock may not be overvalued and that the company's growth could be sustainable in the future.
Crocs also has an impressive financial performance, with a gross margin of 52% and a net margin of 21%. The company also has a solid balance sheet and is debt-free.
Overall, Crocs appears to be a strong company with promising growth potential. However, the stock is not without risks, especially in terms of competition and potential changes in consumer behavior.